News Archives

MDI credit unions continue to serve members, communities

MDI credit unions continue to serve members, communities

NCUA released its annual report to Congress on the performance of minority depository institution (MDI) credit unions and the agency’s work to support them. MDI credit unions experienced growth in membership, assets, and loans [...]

Berger writes to Fed’s Bowman on competition

Berger writes to Fed’s Bowman on competition

NAFCU President and CEO Dan Berger wrote to Federal Reserve Board Governor Michelle Bowman regarding her Wednesday speech discussing competition in financial services. In the letter, Berger highlighted that “NAFCU wholeheartedly agrees that credit unions [...]

Shining a light on financial inclusion

Shining a light on financial inclusion

You don’t have to be Jewish to join Lighthouse Credit Union, the first new credit union to be approved in Ontario in more than a decade. “We will not turn anyone away,” says Michel [...]

PODCAST: Marketing in the digital age

PODCAST: Marketing in the digital age

In an age of fast-changing technology and consumer trends, it’s more important than ever to collect and keep track of member data to meet members’ needs and drive your credit union forward. In this [...]

Top 5 fraud trends as holiday season approaches

Top 5 fraud trends as holiday season approaches

Over the past few years, there’s been a notable migration from in-person to e-commerce shopping. Coupled with the shift to EMV chip cards, which has significantly reduced card present fraud at the point of [...]

Biden joins the ‘junk fee’ bandwagon

Biden joins the ‘junk fee’ bandwagon

President Biden this week jumped on the so-called “junk fee” bandwagon and called on federal regulators to eliminate them. And he singled out overdraft fees as particularly odious. “[W]hat we’re talking about today [...]